Job of the Week: Delegated Underwriting Technician

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Talbot Validus Group are looking for a Delegated Underwriting Technician to work within the Delegated Underwriting Team  to provide an assurance to the Syndicate that all delegated authority contracts are technically compliant, registered, processed and managed in accordance with the Lloyd’s Minimum Standards and Syndicate policies and procedures.
The role also includes supervising, coordinating and maintaining the Coverholder Audit function within the Delegated Authority team.

Responsibilities include:

  • Ensure the underwriting and issuance of all binders are carried out in accordance with protocols by regular review of individual binders including;
  •  Completion of Lloyd’s pre-bind quality assurance and technical contract reviews 
  •  Completion of coverholder due diligence approvals
  •  Post bind delegated underwriting reviews and on-going due diligence
  •   Manage individual audits to completion including closure of associated recommendations
  •  Maintain, update and circulate, where required relevant coverholder information from Atlas and BAR systems
  •  Provide technical advice on delegated underwriting market updates
  •  Keeping abreast of market developments
  •  Comply with agreed departmental Service Level Agreements
  •  Compilation of information packs for CCMG, FRC and ORC
  • To understand and ensure compliance with new Lloyd’s bye-laws and FCA rules / regulations in respect of binding authorities, Brokers and Coverholders, as appropriate
  • Manage and administer the Coverholder and Broker database’s
  • Oversee and manage the Central Audit functions in line with Talbot Coverholder audit procedures 


Desired Skills and Experience:

  • Excellent communication skills
  • Excellent attention to detail and accuracy
  • Good general Insurance market Knowledge
  • Part qualified CII
  • Good working knowledge of Atlas, BAR and other market systems
  • Competent IT skills


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